Cost of Living in Hollywood, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
130.5
100 = national avg
+30.5 vs national average
Living Wage (1 Adult)
$57,441
per year
Living Wage (Family of 4)
$135,768
per year
Cost Index by Category
Housing177.4
Food100.0
Transportation112.9
Healthcare100.0
Utilities115.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,900
per month
2 Bedroom
$2,333
per month
The overall cost of living index in Hollywood is 130.5, which is 30.5% above the national average. Housing costs are above the national average at an index of 177.4. A single adult needs to earn approximately $57,441 per year to cover basic expenses.